CH - 4 PART 3 | Transport and Communication | Drain of Wealth | HISTORY OF MODERN INDIA

Описание: 📘 Chapter 4 – Part 3
Development of Means of Transport & Communication | Drain of Wealth (British India)

In this video, we explore two crucial aspects of British economic policies in India (1757–1857) that deeply affected India’s economy and society:
🔹 1. The Drain of Wealth
The British rule introduced a unique economic exploitation known as the Drain of Wealth, under which India’s resources, revenue, and surplus were systematically transferred to Britain without any adequate return.
This video explains:
Meaning and nature of the Drain of Wealth
How British officials, traders, and the East India Company extracted wealth
Role of land revenue, salaries, pensions, investments, and trade surplus
Impact on India’s national income and savings
How Indian wealth financed Britain’s early industrialisation
Views of British officials like Lord Ellenborough and John Sullivan

🔹 2. Development of Means of Transport and Communication

The British developed roads, railways, ports, postal services, and telegraph systems mainly to serve colonial interests, not Indian development.
Topics covered include:

Condition of transport in India before British rule
Improvement of roads and the Grand Trunk Road
Introduction and expansion of railways in India
Railway policy, guaranteed returns, and British capital investment
Economic, political, and military motives behind railway expansion
Development of postal system and telegraph
Role of transport and communication in strengthening British control

📚 This lecture is extremely important for:
✔️ Class 10 & 12 History
✔️ UPSC | State PSC
✔️ SSC | Railway | Teaching exams
✔️ Competitive exam aspirants

📌 Key Terms Explained
Drain of Wealth, Investments, Diwani of Bengal, Guaranteed System, Railways in Colonial India, British Economic Exploitation, Transport and Communication under British Rule

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